Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a total of $997 million year-to-date (YTD), according to a report shared by the blockchain security firm CertiK.

In the report, CertiK highlighted that exit scams took around $26 million, flash loan attacks took $6.4 million and exploits took $13.5 million from their victims in August 2023. The cybersecurity firm confirmed that the total losses amounted to over $45 million.

Major incidents that happened in August. Source: CertiK